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These days, finding an affordable place to live in the Michie area can be challenging. Home prices in Michie are now at a median cost of $167,272, lower than the Tennessee average of $315,131.
The average cost of rent is $781/mo in Michie, primarily driven by the current value of real estate in the Michie area. In Michie, 15.76% of households rent, and 54.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Michie is $4,690 per month. Households that rent pay about 16.66% of their income on rent here. Michie’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tulu, TN: less expensive homes
- Shiloh, TN: less expensive homes
- Guys, TN: equally priced homes
- Kendrick, MS: less expensive homes
- West Shiloh, TN: equally priced homes
- Eastview, TN: equally priced homes
- Stantonville, TN: higher priced homes
- Farmington, MS: less expensive homes
- Wenasoga, MS: less expensive homes
- Counce, TN: equally priced homes
Cities with Similar Populations
- Aspers, PA: higher priced homes
- Diamond, MO: equally priced homes
- Crystal Beach, FL: higher priced homes
- Crofton, KY: less expensive homes
- Colwich, KS: higher priced homes
- Coaling, AL: higher priced homes
- Churchville, VA: higher priced homes
- Centerview, MO: higher priced homes
- Bryceville, FL: higher priced homes
- Blairs, VA: equally priced homes
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